Colombian Peso Falls 3.01% in Week, Worst Among Emerging Markets

Colombian Peso Falls 3.01% in Week, Worst Among Emerging Markets

Key Points —The Colombian peso closed at TRM 3,747.10 on Friday May 8, weakening 3.01% over the week and 2.86% over the month, the worst weekly performance in the emerging-market universe —BBVA’s strategy team led by Alejandro Cuadrado on May 5 recommended shorting the peso through three-month dollar-call options at strikes of 3,750 and 4,000 […] The post Colombian Peso Falls 3.01% in Week, Worst Among Emerging Markets appeared first on The Rio …